ERA Real Estate Blog

2022 proved to be the second most active year for property sales in the Cayman Islands with 877 properties sold to the tune of over US$ 992-million. This astounding performance is exceeded only by the record-breaking achievement of 2021 when, for the very first time, the Cayman real estate industry breached US$ 1-billion in property sales in a single year....

The last two years saw a sizzling hot Cayman Islands real estate market, with property prices setting record highs and a shortage of inventory that could hardly cope with soaring buyer demands. However, in the last quarter of 2022, industry experts predict an inevitable cooling down period for the red-hot real estate market -- not just in the Cayman Islands,...

So many choices, so little time. With the demand for real estate in the Cayman Islands soaring to an all-time high, the competition for securing prime property has become fiercer than ever, especially since the number of available properties is still much lower than it was prior to the pandemic. To help interested buyers and investors zero-in on some of...

The Cayman Islands have always been a favorite holiday destination for many top tier personalities in business, sports, politics, and entertainment, simply because it’s one of the few places in the world where they can enjoy the most luxurious amenities of modern living set in the backdrop of an island paradise -- and enjoy all these in utmost privacy. Not...

Team ERA Cayman takes pride in our brokers and agents who all have a deep, personal knowledge of the islands’ residential neighborhoods -- an immense resource they have always relied on in helping clients find their dream property in the Cayman Islands. As the Cayman real estate industry continues to perform exceedingly well and the prices of properties continue to...

Obtaining a Golden Visa is one of the easiest ways for ultra-high net worth individuals and their dependent family members to become legal residents  of a foreign country, with the right to travel, live, work, study, and enjoy health care benefits within that jurisdiction. Some programs can also lead to citizenship, depending on the host country’s residency requirements. At present,...

With the cost of living in Cayman already higher than most countries in the world, the continued uptrend in interest rates not only threaten to extinguish the average family’s dreams of owning a new home, but also puts them at risk of losing the one they already have. Just this week, the US Federal Reserve passed its second consecutive 0.75%...

If you are seriously looking into investing in Cayman Islands property, working with a real estate professional can be one of the wisest and most prudent decisions you can make. Working with a trained and experienced realtor can turn what could be a fastidious process with tons of legal paperwork into a seamless, stress-free transaction. Then you can focus your...

ERA Cayman’s latest batch of CIREBA-accredited real estate agents may be new to the company, but they are certainly not new to the country or to the business. Some of them even have first-hand experience in being property investors and managers themselves -- a unique advantage that helps them approach their clients’ needs with greater proficiency and expertise. “All of...

Cayman residents and visiting travelers alike are gearing up for what promises to be a spectacular holiday in celebration of the Queen’s Platinum Jubilee on June 3 -- joining the United Kingdom, the Commonwealth countries, and other Overseas Territories in commemorating this historic occasion. To create a four-day weekend, the Queen’s Birthday -- which is a movable public holiday --...